501-515Lexington Ave. Clifton 2 Properties Offered at $2,722,742 CAD in Clifton, NJ

Property is back on the market. Buyers did not complete the purchase.
Large commercial portfolio includes two adjacent B-C (business-commercial) zoned properties being sold as a package. These properties have a combined lot size of over half an acre, measuring 24,420 SF (100x100 and 103x140). The building at 501 Lexington is a two-story structure, approximately 4,000 SF. It features four studio apartments on the second floor, a storefront on the first floor (all with separate utilities and rented on a month-to-month basis), and a two-car garage at the rear. The property at 515 Lexington Ave is also a two-story building, approximately 5,700 square feet, and will be delivered vacant. Both properties are situated on two corners, facing two streets, providing easy access. Additionally, there is a sizable parking lot that can accommodate over 50 cars. The properties are centrally located near Routes 21, 3, and 46, as well as the Garden State Parkway. Total taxes amount to $54,097. This location is suitable for various potential uses, subject to city approval, including but not limited to restaurants, banquet halls, wedding venues, religious facilities, social event spaces, places of worship, car dealerships, car washes, fast food establishments, therapeutic massage facilities, urgent care centers, medical centers, mixed-use (residential and commercial) developments, as well as various types of schools and educational institutions.